Hyderabad Metro: Shamirpet Corridors to Be Completed By March End

08 Jan 2025 CW Team

The Chief Minister A Revanth Reddy ordered the officials to complete the Detailed Project Reports (DPRs) for the proposed Metro Rail projects in the Future City, Shamirpet and Medchal areas by March-end. He asked the authorities to get the approval of DPRs from the Union Government for three metros rail networks and call tenders by April-end. During a review on the progress of metro expansion, development of the radial roads and elevated corridors in the city on Tuesday, the Chief Minister asked officials to complete the land acquisition for the metro rail projects on the stretch of Rajiv Gandhi International Airport-Future City Metro (40 km), JBS-Shamirpet Metro (22 km) and Paradise-Medchal Metro rail (23 km) immediately. It was emphasised that the elevated corridors should be developed to meet the future needs and a comprehensive study should be done at the field level while designing the alignment. The Chief Minister suggested the metro line works on Medchal stretch be taken up keeping in mind the already existing the flyovers on the National Highway on the route and instructed them to start the construction of elevated corridors at the earliest. The Shamirpet and Medchal metros rail network will start at the same place and a big junction will be established with modern facilities to meet the future needs, Revanth Reddy said, suggesting the junction should ensure all facilities are available there. He also ordered that the construction of radial roads should be developed by the Hyderabad Growth Corridor Limited (HGCL). The Chief Minister’s Advisor Vem Narender Reddy, State Government Advisor (Infrastructure) Srinivasa Raju, Special Secretary to the Chief Minister Ajith Reddy, Municipal Commissioner and Urban Development Department Principal Secretary Dana Kishore, Hyderabad Metro Rail MD NVS Reddy, HMDA Commissioner Sarfaraz Ahmed, Flagship Programmes Commissioner Shashanka and others participated in the review.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..